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Delaware Enacts New Incentives for Clean Energy Deployment

Wednesday, August 4, 2010

Joining a growing number of states investing in clean energy to promote economic growth and remain competitive, Delaware Gov. Jack Markell signed into law four renewable energy bills that he says will create new jobs by fostering the expansion of renewable energy industries such as wind and solar. Expanding the state's Renewable Portfolio Standard (RPS) and updating the Green Energy Fund to address a backlog in recipients waiting for grant dollars are among the new laws in the Clean Energy Jobs Package detailed below.

    • Read more about Delaware Enacts New Incentives for Clean Energy Deployment

    Federal Agencies Join Forces to Spur Energy Innovation

    Wednesday, August 4, 2010

    The Department of Energy and the Department of Defense have agreed to cooperate on the acceleration of clean energy innovation and strengthening the nation's energy security. Under this Memorandum of Understand (MOU), the agencies will work cooperatively together in the several areas including energy efficiency, alternative fuels and renewable energy. An under-secretary level working group will coordinate R&D efforts between the agencies. This will allow the agencies to reduce "waste" by avoiding the duplication of energy innovation efforts.

    • Read more about Federal Agencies Join Forces to Spur Energy Innovation

    Federal R&D Funding Declines for Second Straight Year While National Total Climbs

    Wednesday, September 3, 2008

    Federal funding of academic science and engineering (S&E) R&D failed to outpace inflation for two consecutive years, according to the latest annual Survey of Research and Development Expenditures at Universities and Colleges from the National Science Foundation (NSF).  The decline in two consecutive years has never occurred before in the survey's 36-year history.

    • Read more about Federal R&D Funding Declines for Second Straight Year While National Total Climbs

    States Increasing Scholarship Opportunities to Boost College Graduation Rates

    Wednesday, September 3, 2008

    With an increased need to compete globally, the need for a highly educated workforce has taken center stage in a number of states. But with the continuing issue of college affordability, states are looking at new ways to increase the number of college graduates within their borders.

    • Read more about States Increasing Scholarship Opportunities to Boost College Graduation Rates

    California Angel Fund Steps in to Bridge Cleantech Funding Gap

    Wednesday, September 3, 2008

    Even in the venture capital-rich state of California during a boom period for clean energy investment, some clean energy entrepreneurs still have a hard time finding the capital resources they desire. As a result, one non-profit venture capital group, with a unique history of its own, is launching a new effort to support early-stage businesses. The California Clean Energy Fund (CalCEF) is currently helping to raise a $20 million angel fund to bridge a perceived gap in seed and start-up stage capital availability.

    • Read more about California Angel Fund Steps in to Bridge Cleantech Funding Gap

    U. of Wisconsin Opens First Building of $600 Million Medical Research Project

    Wednesday, September 3, 2008

    As many stories in this issue of the Digest point out, academic institutions serve a critical role in performing R&D for the nation’s innovation pipeline. While most of the attention of national policymakers is directed toward the size of federal and industrial investments in R&D, the burden of financing the infrastructure to support much of that research activity falls on states and institutions of higher education. And that burden has a steep price tag.

    • Read more about U. of Wisconsin Opens First Building of $600 Million Medical Research Project

    Senate Committee Looks to Slash EDA Funding in FY11

    Wednesday, July 28, 2010

    The Economic Development Administration (EDA) would have $15 million less available for grants next fiscal year in the budget bill approved by the Senate Appropriations Committee last week. For comparison, the relevant House Appropriations subcommittee in June approved a total budget of $317.85 million for EDA — that is $24.85 million more than the FY10 budget and a whopping $37.67 million more than the Senate.

    • Read more about Senate Committee Looks to Slash EDA Funding in FY11

    Addressing The Most Pressing Questions in Economic Development

    Wednesday, July 28, 2010

    According to a survey of SSTI members, the three most pressing needs for state and local TBED organizations in this economy are: how do we capitalize on the federal government's renewed commitment to growth through innovation and research? How do we encourage faster commercialization and more entrepreneurship among our local businesses? How do we more fully engage our universities in building our economic recovery and innovation-based future?

    • Read more about Addressing The Most Pressing Questions in Economic Development

    Report Finds Exports From U.S. Metros Are Key to Growth

    Wednesday, July 28, 2010

    A Brookings Institution's Metropolitan Policy Program study of U.S. exports between 2003 and 2008 found that export-based businesses accounted for 8.3 percent of U.S. employment and higher wages than domestic-oriented industries. During that period, the country's 100 largest metropolitan areas produced about 64 percent of U.S. exports, including about 75 percent of the nation's exported services. Since the Obama administration has made increasing U.S.

    • Read more about Report Finds Exports From U.S. Metros Are Key to Growth

    North Carolina Introduced 15 Percent Digital Media Tax Credit

    Wednesday, July 28, 2010

    North Carolina Governor Bev Perdue recently signed off on a package of economic incentives for small businesses, including tax credits for interactive digital media firms, particularly those that collaborate with the state's research universities or community colleges. Digital media companies, including video game studios, are eligible for a 15 percent income tax credit; 20 percent for higher education collaborations. The bill also provides a 35 percent tax credit for research performed within one of the state's Eco-Industrial Parks.

    • Read more about North Carolina Introduced 15 Percent Digital Media Tax Credit

    DOE Office of Science Gets Half of Requested Increase from Senate Subcommittee

    Wednesday, July 28, 2010

    A $108.3 million increase would be nothing to refuse in a tight budget scenario, except Congress has set a goal to double the $5 billion Office of Science (OS) budget and the figure is slightly less than half of the $218 million increase the Obama administration requested for FY 11. The information is taken from the recent action by the Senate Appropriations Subcommittee on Energy and Water Development on the Department of Energy's 2011 budget.

    • Read more about DOE Office of Science Gets Half of Requested Increase from Senate Subcommittee

    Job Corner

    Wednesday, July 28, 2010

    UMass Donahue Institute is seeking a director for the economic and public policy research unit (EPPR) that consists of an outstanding team of twelve research and professional staff. Along with a commitment to public service, the ideal candidate will be a knowledge leader, outstanding communicator, program developer, collaborator and experienced manager and researcher. Familiarity with relevant research areas and potential clients in Massachusetts and New England, including industry, government, professional associations, and nonprofit organizations is preferred.

    • Read more about Job Corner

    North Dakota State University to Partner with Federal Labs

    Wednesday, August 27, 2008

    Last week, three contracts between North Dakota State University (NDSU) and research partners at two Department of Energy federal laboratories were announced, building research opportunities within the Red River Valley Research Corridor. They included the following:

    • A $50,000 contract from Sandia National Laboratories to develop water purification membranes through polymer research;
    • A $25,000 contract also from Sandia for solar cell research which will utilize technologies patented at NDSU; and,
    • Read more about North Dakota State University to Partner with Federal Labs

    Useful Stats: 2006 Industrial R&D Intensity per State

    Wednesday, August 27, 2008

    According to National Science Foundation (NSF) data released two weeks ago, companies spent in aggregate $247.7 billion on R&D expenditures performed in the U.S. in 2006. Leading the nation was California, with $58.4 billion in industrial R&D, followed by Michigan ($16.5 billion), Massachusetts ($15.6 billion), New Jersey ($14.6 billion), and Texas ($13.3 billion).
     

    • Read more about Useful Stats: 2006 Industrial R&D Intensity per State

    SSTI Looks to the Road Ahead

    Wednesday, July 21, 2010

    Crafting a regional TBED strategy is a difficult proposition. First, you figure out where you are. You check the data, conduct surveys and talk to the right people. Then, you figure out where you need to go. You look at other regions, and, again, talk to the right people. Using that information, you try to chart a course from where you are to where you want to be. The path, however, is rarely a straight line.

    • Read more about SSTI Looks to the Road Ahead

    Senior Administration Officials to Speak at SSTI Conference

    Wednesday, July 21, 2010

    Want to know more about the Obama Administration's innovation strategy? SSTI is pleased to welcome two key administration officials to this year's conference. Ginger Lew, Senior Counselor to the White House National Economic Council (NEC) and the Small Business Administration (SBA), and Brian McGowan, Deputy Assistant Secretary of Commerce and COO for the U.S. Economic Development Administration (EDA), will discuss the administration's plans to support innovation.

    • Read more about Senior Administration Officials to Speak at SSTI Conference

    Gov Rendell with Former Govs Ridge and Thornburgh at SSTI Conference

    Wednesday, July 21, 2010

    Voters in more than 30 states will go to the polls to choose a governor later this year. For TBED professionals, gubernatorial elections can mean uncertainty. Will the next administration put economic development and technology on the agenda? Will the new governor support existing agencies and programs, or will he/she introduce new initiatives? What will happen to the budget for TBED programs?

    • Read more about Gov Rendell with Former Govs Ridge and Thornburgh at SSTI Conference

    The Opening Reception Goes Green

    Wednesday, July 21, 2010

    Pennsylvania invites all SSTI conference attendees to a networking reception at the Phipps Conservatory and Botanical Gardens Tuesday, Sept. 14. Guests can immerse themselves in 17 distinct botanical experiences while exploring this thriving attraction that showcases advanced green-building practices, sustainable gardening and a new environmental awareness.

    • Read more about The Opening Reception Goes Green

    Gain Perspective from Nationally Recognized Experts "Speed Dating" Style

    Wednesday, July 21, 2010

    The way we interact with our colleagues has forever changed in the face of social networking, teleconferences, and email. But the need for personal, one-on-one interaction to ask questions, bounce ideas off one another, and share best practices is still very much alive.

    • Read more about Gain Perspective from Nationally Recognized Experts "Speed Dating" Style

    The Economic Opportunity in Energy and Climate Change

    Wednesday, July 21, 2010

    The transition from finite energy sources such as fossil fuels to renewable energy sources is on. The U.S. government, European Union and China are directing billions into the development of renewable energies. Most states have adopted energy standards to encourage the change. Private investments in renewable energies also have surpassed investments in fossil fuel technologies. Economic opportunities and challenges for regions across the country abound as a result.

    • Read more about The Economic Opportunity in Energy and Climate Change

    Learn From the Award Winners During SSTI Conference

    Wednesday, July 21, 2010

    After this year's Big Reveal, Wednesday, Sept. 15 at lunch, join practitioners named as best practices in the field of tech-based economic development as they gather during a thought-provoking session to discuss only the most important issues for the TBED community — lessons learned, how to measure impact, and how to communicate success to sustain programs. SSTI is rolling out an entirely new format for the session this year designed to engage audience members through an intimate setting featuring an interview format led by Peggy Shults, President and CEO of Lytmos Group, LLC.

    • Read more about Learn From the Award Winners During SSTI Conference

    Almost Sold Out — Limited Sponsorship Opportunities Remain

    Wednesday, July 21, 2010

    As an SSTI Conference Sponsor, you have the chance to showcase your organization with the decision makers responsible for crafting and implementing local and state-level policies and programs that directly contribute to the nation's competitiveness. Today's marketplace is about belonging and staying connected. No other event brings together so many of the nation's top players in the TBED community.

    • Read more about Almost Sold Out — Limited Sponsorship Opportunities Remain

    National Advisory Council on Innovation and Entrepreneurship Members Named

    Wednesday, July 14, 2010

    Twenty-six members, spanning university presidents, investors, serial entrepreneurs, and nonprofit leaders, were appointed to the National Advisory Council on Innovation and Entrepreneurship announced yesterday by U.S. Commerce Secretary Gary Locke. The group will support President Obama's innovation strategy by helping develop policies that foster entrepreneurship and identifying new ways to take ideas from the lab to the marketplace to drive economic growth and create jobs.

    • Read more about National Advisory Council on Innovation and Entrepreneurship Members Named

    NJ Session Produces Economic Development Shake-Up, Incentives for Wind Energy

    Wednesday, July 14, 2010

    A new state agency to promote innovation and job creation in New Jersey was established by Gov. Chris Christie earlier this year. Envisioned as a hub for all economic development activity, the New Jersey Partnership for Action consists of three interconnected organizations to promote the state's incentives and resources, develop pro-growth policies, and assist businesses in navigating government programs. The governor's promise of a more effective strategy for economic development activity comes at the same time of severe reductions to the state's technology-based initiatives, however.

    • Read more about NJ Session Produces Economic Development Shake-Up, Incentives for Wind Energy

    What Makes an Effective Regional Economic Development Leader?

    Wednesday, July 14, 2010

    In a study released by the Council on Competiveness, the researchers try to answer the complicated question: Why are some regions more successful than others in global competition? The traditional paradigm of regional development focuses the endowment of innovation assets (i.e. people institutions, capital and infrastructure). Regions abundant in these assets were built to succeed in the global knowledge economy. In contrast, less successful regions fail due to a lack of innovation assets.

    • Read more about What Makes an Effective Regional Economic Development Leader?

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    Recent news from the SSTI Digest

    The state of US venture capital investment in four charts. How might your innovation startups fare if investment trends hold?

    Thursday, January 15, 2026

    With 2025 behind us, and some time for the data to stabilize, we can look back at VC activity and try to understand what it means for TBED efforts going forward. The VC storyline of 2025 should be familiar to anyone who has been following investment news. Record funding rounds, huge amounts of capital deployed, questions of an AI bubble. Where amongst the big flashy lights of AI mega-deals do we find the subtlety and nuance that informs TBED investor activity and policy?

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    FSGG appropriations language favors innovation programs

    Thursday, January 15, 2026

    The Financial Services and General Government appropriations bill for FY 2026 passed the House of Representatives yesterday and now moves to the Senate where passage is also expected. The bill sets spending levels for several agencies supporting regional innovation, economic development, and investment. Foremost are the Treasury and Small Business Administration; selected highlights are provided below.

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    New benchmarking tool illuminates how AI is accelerating job market changes

    Thursday, January 15, 2026

    All too often, jobseekers and employers seem to exist in non-compatible realities. While jobseekers flood the job market with descriptions of their generalized skills in communication, leadership, and problem-solving to fill various roles in different sectors, employers are looking for the more specific skills that will get the job done, say the authors of a report from the Wharton School and Accenture. And they propose that AI is accelerating this shift from a role-based economy to a skills-based economy.

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